of nominated directors Total number of directors Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a

Total number of directors Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all

obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the Acquisition of Securities for Business Takeovers, the

Total number of directors Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all

chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the

of nominated directors Total number of directors Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a

chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the

of which a client may make a short sale in a margin account, at any time, including a brokerage fee; 5“capital fund” means the total value of: (1) shareholders’ equity according to the Financial Status

Office together with supplementary documents according to the forms and procedures provided in the Office’s electronic system. Clause 8. The Office shall consider and make a decision relating to the

shall consider and make a decision relating to the application for approval for derivatives trading according to Clause 7 within thirty days as from the date on which the Office receives the complete